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Williams Sonoma has launched its 2025 Tools for Change campaign in partnership with No Kid Hungry, a national initiative aimed at ending childhood hunger in the United States. The annual program features a new collection of limited-edition kitchen products, including spatulas and oven mitt sets, designed by well-known chefs, celebrities, and digital creators. A portion of proceeds from each sale will support No Kid Hungry, with every dollar helping provide up to 10 meals for children in need...

A recent white paper from the Association of Corporate Counsel (ACC) highlights the significant role that strong partnerships between Chief Legal Officers (CLOs) and Chief Financial Officers (CFOs) play in advancing business performance. In a survey conducted in April with 326 CLOs, 57% described their relationship with their CFO as “excellent,” while 26% called it “good.” Only 5% reported a “fair” or “poor” relationship...

Marriott International has announced the appointment of Jen Mason as Executive Vice President and Chief Financial Officer. A 33-year veteran of the company, Mason will succeed Leeny Oberg, who will retire in 2026 after serving as CFO since 2016 and EVP, Development since 2023. Mason currently serves as Global Officer, Treasurer and Risk Management, overseeing key financial functions including capital markets, financial strategy, and risk management...

Nordstrom has appointed Kelly Dilts as its new Chief Financial Officer, effective August 29, 2025. Dilts brings over 30 years of experience in financial leadership, most recently serving as Executive Vice President and CFO at Dollar General since 2023. In her new role, Dilts will lead Nordstrom’s core financial operations and oversee real estate, store development, and strategic sourcing...

President Donald Trump is preparing to sign an executive order that would direct the Labor Department and the Securities and Exchange Commission to issue guidance on including private-market investments in 401(k) retirement plans, according to the Wall Street Journal. The order, still under review, could allow retirement plans broader access to private equity and private credit assets, enabling firms like Apollo Global Management and Blackstone to reach new pools of capital...

Top Executives at major Wall Street banks have expressed caution about the U.S. economy as tariffs begin to affect corporate behavior and inflation trends. Citigroup CEO Jane Fraser said, "We have seen pauses in capex and hiring amongst our client base," though she acknowledged recent economic resilience driven by consumers and entrepreneurs...

U.S. Bank has completed its first trade finance collection transaction using a fully digital process, becoming the first American bank to use the WaveBL blockchain-based platform. This development marks a significant step in modernizing trade and working capital services. WaveBL supports secure and encrypted document transfers between trading partners and their banks, replacing traditional courier-based methods...

Nestlé has announced two major reforestation initiatives in Brazil in partnership with re.green and Barry Callebaut, aimed at restoring ecosystems critical to cocoa and coffee production. These efforts are part of Nestlé’s broader commitment to reach net zero by 2050 and plant 200 million trees by 2030. Combined, the two projects will plant 11 million trees across 8,000 hectares (19,768 acres)...

President Trump’s “One Big Beautiful Bill Act,” signed into law on July 4, 2025, introduces several major tax changes with direct implications for CFOs, especially in public companies. The legislation revives full expensing for U.S.-based R&D, allowing companies to deduct costs immediately rather than over five years, a reversal of the 2022 rule. Interest deductibility under Section 163(j) has also been expanded, with depreciation and amortization no longer subtracted from the limit, potentially lowering tax liabilities...

Wolfspeed, a company specializing in silicon carbide technologies for high-performance use, has announced the appointment of Gregor van Issum as Chief Financial Officer, effective September 1, 2025. He will succeed Interim CFO Kevin Speirits, who will continue supporting the company during the transition. Issum will report directly to CEO Robert Feurle and will relocate to the company’s headquarters in Durham, North Carolina...